Schedule of administered items

Date
Schedule of administered items
for the period ended 30 June 2010
  Notes 2010  
$'000 		 2009
 $'000 
Income administered
on behalf of Government
for the period ended 30 June 2010		      
Revenue      
Non-taxation revenue      
Interest 17A 2,236 3,817
Dividends 17B 5,976,709 1,402,968
Sale of goods and rendering of services 17C 1,930,987 1,106,895
COAG receipts from government agencies 17D 3,639,933 2,060,272
Other revenue 17E   177,084   137,216
Total non-taxation revenue   11,726,949 4,711,168
Total revenues administered
on behalf of Government		   11,726,949 4,711,168
Gains      
Net foreign exchange gains 17F   790,861   -
Other gains 17G 14,148   -
Total gains administered
on behalf of Government		     805,009   -
Total income administered
on behalf of Government		   12,531,958 4,711,168
Expenses administered
on behalf of Government
for the period ended 30 June 2010		      
Grants 18A 87,974,215 53,643,549
Interest 18B 11,413 14,265
Other expenses 18D 14,818 (232)
Losses      
Net foreign exchange losses 18C   -   403,553
Total expenses administered
on behalf of Government		   88,000,446 54,061,135

This schedule should be read in conjunction with the accompanying notes.

Schedule of administered items (continued)
for the period ended 30 June 2010
  Notes 2010
 $'000 		 2009
 $'000 
Assets administered
on behalf of Government
as at 30 June 2010		      
Financial assets      
Cash and cash equivalents 19A 4,063 8,230
Receivables 19B 5,326,422 2,744,885
Investments 19C and D 17,963,607 25,891,790
Total financial assets   23,294,092 28,644,905
Non-financial assets      
Other 19E   545,346 -
Total non-financial assets     545,346 -
Total assets administered
 on behalf of Government		   23,839,438 28,644,905
Liabilities administered
on behalf of Government
as at 30 June 2010		      
Payables      
Loans 20A 4,882,893 3,889,425
Grants 20B   395,306 558,917
Other payables 20C 5,470,847 1,895,869
Unearned income 20D 3,322,908 2,660,585
Total payables   14,071,954 9,004,796
Provisions      
Other provisions 20E 30,540 38,306
Total other provisions   30,540 38,306
Total liabilities administered
 on behalf of Government		   14,102,494 9,043,102
Net assets administered
 on behalf of Government		 21 9,736,944 19,601,803

This schedule should be read in conjunction with the accompanying notes.

 

Schedule of administered items (continued)
for the period ended 30 June 2010
Administered cash flows Notes   2010
 $'000 		   2009
 $'000 
OPERATING ACTIVITIES      
Cash received      
Sale of goods and rendering services   1,333,504 1,023,165
Interest   2,388 3,893
Dividends   5,226,709 1,402,968
Net GST received   175 465
HIH Group liquidation proceeds   53,776 22,860
COAG receipts from government agencies   11,068,030 2,060,272
Other   120,164 72,502
Total cash received   17,804,746 4,586,125
Cash used      
Grant payments   95,293,444 53,084,810
Interest   9,949 17,543
Other   5,520 63,314
Total cash used 95,308,913 53,165,667
Net cash flows from (used by) operating activities     (77,504,167)   (48,579,542)
INVESTING ACTIVITIES      
Cash received      
IMF SDR allocation1   4,845,258 -
Total cash received   4,845,258 -
Cash used
Settlement of international financial institution's obligations   - 592
Total cash used   - 592
Net cash flows from (used by) investing activities   4,845,258  (592)
Net increase/(decrease) in cash held    (72,658,909)  (48,580,134)
Cash and cash equivalents at the beginning of reporting period   8,230 10,213
Cash from Official Public Account for:      
 -  Appropriations   61,744,128 44,858,979
 - Special Accounts   26,324,452 5,928,084
    88,068,580 50,787,063
Cash to Official Public Account for:      
 - Appropriations   15,413,838 2,208,912
 - Special Accounts   - -
    15,413,838 2,208,912
Cash and cash equivalents at end of reporting period 19A 4,063 8,230

1 The IMF allocated additional SDRs during the global financial crisis to increase the liquidity of member countries.
This schedule should be read in conjunction with the accompanying notes.

Schedule of administered items (continued)
for the period ended 30 June 2010
Administered commitments 2010
$'000		 2009
$'000
BY TYPE
Commitments payable
Other commitments
Other1 - HCS Scheme - 477
Other1 - Commonwealth grants 349,085,071 310,887,246
Other expenses 1,500 -
Total other commitments 349,086,571 310,887,723
Total commitments payable 349,086,571 310,887,723
Commitments receivable
GST receivable (136) (43)
Total commitments receivable (136) (43)
NET COMMITMENTS BY TYPE 349,086,435 310,887,680
BY MATURITY
Commitments payable
Other commitments
One year or less 84,8
61,330 		78,207,761
From one to five years 264,225,241 232,679,962
Total other commitments 349,086,571 310,887,723
Commitments receivable
One year or less (136) (43)
Total commitments receivable (136) (43)
NET COMMITMENTS BY MATURITY 349,086,435 310,887,680

1 Other commitments relates to services provided with respect to the HIH Claims Support (HCS ) Scheme and grants to the States and Territories.
This schedule should be read in conjunction with the accompanying notes.
Note: All commitments are GST inclusive where relevant.

Schedule of administered items (continued)
for the period ended 30 June 2010
Guarantees Indemnties Uncalled shares or capital subscriptions Claims for damages or costs Warranties Letters of comfort Total
Administered
contingencies		 2010
$'000		 2009
$'000		 2010
$'000		 2009
$'000		 2010
$'000		 2009
$'000		 2010
$'000		 2009
$'000		 2010
$'000		 2009
$'000		 2010
$'000		 2009
$'000		 2010
$'000		 2009
$'000
Administered
contingent liabilities
Balance from
previous period - - - - 6,697,681 5,659,186 - - - - - - 6,697,681 5,659,186
New - - - - 5,692,988 - - - - - - - 5,692,988 -
Re-measurement - - - - (338,652) 1,038,495 - - - - - - (338,652) 1,038,495
Liabilities recognised - - - - - - - - - - - - - -
Total
administered
contingent liabilities		 - - - - 12,052,017 6,697,681 - - - - - - 12,052,017 6,697,681
Total
administered
contingent assets		 - - - - - - - - - - - - - -
NET ADMINISTERED
CONTINGENT
LIABILITIES - - - - 12,052,017 6,697,681 - - - - - - 12,052,017 6,697,681

1 Comprises uncalled shares or capital subscriptions in the European Bank for Reconstruction and Development (EBRD), the International Bank for Reconstruction and Development (IBRD), the Multilateral Investment Guarantee Agency (MIGA) and the Asian Development Bank (ADB).
This schedule should be read in conjunction with the accompanying notes.
Note: Administered unquantifiable contingencies are disclosed in Note 22: Administered contingent liabilities and assets.
The Treasury has given financial guarantees for which the details are disclosed at Note 1.31 and Note 24: Administered financial instruments.